Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
The Effect Of Family Ownership On Financing Decisions Of Listed Vietnamese Companies, Trang Tran
The Effect Of Family Ownership On Financing Decisions Of Listed Vietnamese Companies, Trang Tran
ECU Posters
The poster is a visualisation of my research proposal. Family firms play an important role in the global economies, especially in Vietnam. There have been studies on family firms' financing decisions; however, the results were mixed. On the one hand, family shareholders have strong control motives. Hence they are argued to employ more debt because debt is a non-control diluted security. On the other hand, family shareholders are risk averse, and have incentives to pass down their businesses. Thus, they may prefer equity since debt incorporates bankruptcy risks. The literature gap calls for a demand of investigating how family ownership …